Everything web3, crypto, defi, degen
In brief Tidal Financial Group applied for a leveraged AltAlt Season Crypto ETF, along with two other filings on Thursday. The proposed fund confounded even some of the fund industry’s sharpest observers unsure what an “alt alt season” was. The fund will relate initially to the performance of XRP and Solana, and exclude Bitcoin and…
In brief Rex-Osprey launched XRP and DOGE ETFs, and the SEC debuted streamlined listing standards for commodity-based trust shares. Forward Industries became Solana’s first $1 billion treasury company, with Helius planning a $500 million SOL treasury raise KindlyMD shares dropped 54% after filing S-3 registration, releasing $200 million in discounted shares that created sell pressure…
In brief Rex-Osprey’s DOJE ETF delivered substantial trading volume upon its debut Thursday. The issuer is now seeking approval for a leveraged ETF product that grants 1-1.5x leveraged exposure to DOJE. Beyond the leveraged long exposure, its objective is to send weekly distributions to holders. Rex-Osprey’s DOJE, the first U.S. spot Dogecoin ETF, produced strong…
In brief The Rex-Osprey XRP ETF and DOJE ETF debuted Thursday. Analysts were surprised at the trading volume of both ETFs. The price of both XRP and Dogecoin has dipped following the funds’ listing. The first exchange-traded fund giving U.S. investors exposure to XRP had a roaring debut Thursday, bringing in close to $38 million…
CRYPTO FALLS, STOCKS HIT ANOTHER ATH, SOL DEFI COINS SOARAVAX & NEAR lead L1s, most alts fall. XRP, DOGE ETF debut, $50m day 1 combined volume. MetaMask token coming ‘very soon’. Michigan BTC bill moves forward after delay. Brera Holdings launches $300m SOL DAT. ETH Fusaka upgrade scheduled for December. Plasma TGE set for 25…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors retreat after post-FOMC rally; BTC -1% at $116,300 Joe Lubin confirms MetaMask token coming “very soon” Plasma sets mainnet debut…
In brief The native token for meme coin launchpad Pump.fun led losses among crypto’s meme economy Friday morning. Dogecoin, PEPE, BONK and other top meme tokens also lost ground, underperforming Bitcoin and Ethereum. Gaming token Immutable jumped 17% on the day, buoyed by partnerships and broader altcoin momentum. Meme coin markets cooled on Friday morning…
In brief IMX climbed nearly 17% Thursday and is up 50% over the past week, CoinGecko data shows. Ubisoft and NetMarble collaborations highlight Immutable’s push to bring crypto rewards into mainstream gaming. SEC approval of broader ETF listing standards has added to the upbeat sentiment across altcoins. Immutable (IMX) led gains among select altcoins on…
In brief The first American spot ETF giving exposure to XRP debuted on Thursday. Bloomberg analyst Eric Balchunas was surprised at the size of the Rex-Osprey XRP ETF’s initial trading volume. The price of XRP has risen over the last day, and Myriad users believe it’ll keep climbing to a new high of $4. The…
In brief Predictors on Myriad think XRP’s next move is up to a record price of $4, instead of a retrace to $2. Odds have flipped, and now predictors think Bitcoin dominance is likely to fall before rising. Airdrop enthusiasts are predicting OpenSea’s token hits their wallets before December. Potential ETF approvals for XRP, Solana,…
